BE4Bit
06/28 17:33
Price Predictions 6/27
Bitcoin price prediction
Bitcoin’s relief rally is facing selling near the downtrend line, indicating that the bears are trying to form a lower high.
The 20-day exponential moving average (EMA) ($105,561) is sloping up gradually, and the relative strength index (RSI) is just above the midpoint, signaling that bulls have an edge. If buyers drive the price above the downtrend line, the developing descending channel pattern will be invalidated. That could catapult the price to the neckline of the inverse head-and-shoulders pattern near $114,000. A break and close above the neckline will complete the bullish setup, which has a target objective of $150,492.
Sellers are likely to have other plans. They will try to pull and maintain the price below the moving averages. If they do that, the BTC/USDT pair could extend its stay inside the descending triangle for some more time.
Ether price prediction
Ether has been clinging to the 20-day EMA ($2,466) since Tuesday, signaling that the bulls have maintained their pressure.
If buyers overcome the barrier at the 50-day simple moving average (SMA) ($2,535), the ETH/USDT pair could climb to the $2,738 to $2,879 resistance zone. Sellers are expected to defend the overhead zone, but if buyers bulldoze their way through, the pair may skyrocket to $3,437.
On the contrary, if the price turns down sharply from the 50-day SMA, it suggests that the higher levels are attracting sellers. A break below $2,323 opens the gates for a fall to the breakout level of $2,111.
XRP price prediction
Buyers failed to push XRP
XRP
$2.14
above the 50-day SMA ($2.26), indicating a lack of demand at higher levels.
Sellers will try to strengthen their position by pulling the price below the $2 support. If they manage to do that, the XRP/USDT pair could start a downward move toward the critical level at $1.61. Buyers will try to halt the decline at $1.61 because a break below it may sink the pair to $1.28.
Solana price prediction
Solana
SOL
$142.12
turned down from the 20-day EMA ($146) on Thursday, but the bulls are trying to defend the $140 level.
If the price turns up from $140 and breaks above the 20-day EMA, it suggests that the bulls are trying to form a higher low. That opens the doors for a rally to the 50-day SMA ($159), bringing the $140 to $185 range into play.
Instead, if the price turns down from the 20-day EMA and skids below $140, it signals that the bears remain in command. The SOL/USDT pair could drop to $123 and subsequently to the solid support at $110.
Dogecoin price prediction
Dogecoin
DOGE
$0.1611
is facing selling at the 20-day EMA ($0.17), but the bulls have not ceded much ground to the bears. That increases the likelihood of a break above the 20-day EMA.
If the 20-day EMA is taken out, the DOGE/USDT pair could climb to the 50-day SMA ($0.19). Sellers will try to defend the 50-day SMA, but the pair could surge to $0.26 if the bulls prevail.
Instead, if the price turns down from $0.21, it suggests that the pair could remain in the bottom half of the large range between $0.14 and $0.26. The pair could plummet to $0.10 if the $0.14 support breaks down.
Cardano price prediction
Cardano
ADA
$0.5588
is facing selling at the 20-day EMA ($0.60), indicating that the bears remain in control.
Sellers will try to pull the price below the $0.50 support, but the bulls are expected to mount a strong defense of the level. The first sign of strength will be a break and close above the 20-day EMA. The ADA/USDT pair may then climb to the 50-day SMA ($0.69) and later to the downtrend line.
Bitcoin Cash price prediction
Bitcoin Cash
BCH
$501.34
rose above the $500 resistance on Thursday, but the bulls could not sustain the higher levels.
The repeated retest of a resistance level tends to weaken it. Buyers are again attempting to clear the $500 hurdle on Friday. If they manage to do that, the BCH/USDT pair could soar to $550.
Chainlink price prediction
Chainlink
LINK
$13.05
has been facing resistance at the 20-day EMA ($13.24) since Tuesday, but a positive sign is that the bulls have not ceded much ground to the bears.
The bulls will try to challenge the resistance line, which is an important level to watch out for in the near term. If the price rises and maintains above the resistance line, it signals a potential trend change. The LINK/USDT pair could rally to $16 and later to $18.
#Share Your Thoughts on Popular Assets in June#Miss HTX Season 3 Kicks Off With Global Selection#Claim1,200 USDT in the Monthly Creation Challenge# Israel’s attack on Iran.#Do you think LISTA is promising?
13分享
全部評論0最新熱門